Brixmor Appoints New President and CFO

by Nate Hunter

New York — Michael Pappagallo’s new position will be effective May 20.

Michael PappagalloNew York — Brixmor Property Group has appointed Michael Pappagallo as president and chief financial officer, effective May 20. Pappagallo will play an integral role in the execution of Brixmor’s long-term business and capital markets strategy. He will lead the company’s finance and accounting teams, as well as have functional oversight of the firm’s property operations, information technology, acquisitions/dispositions and investor relations efforts.

“With more than 30 years of financial and real estate experience, Mike brings considerable operational expertise, deep capital markets knowledge and extensive retailer and industry relationships that will benefit our organization,” says Michael Carroll, chief executive officer of Brixmor. “We are excited to have someone of his caliber join our team to oversee the positioning of our capital structure and continued financial performance as we prepare for the next steps of our evolution and continue to build a best-in-class portfolio and organization. I am confident his contributions will have an immediate positive impact.”

Previously, Pappagallo served as chief operating officer of Kimco Realty Corp. He was responsible for directing the strategic and day-to-day activities of the company’s shopping center business, in addition to overseeing the organization’s strategic planning activities. Prior to assuming the role of COO, he served as Kimco’s chief financial officer from 1997 to 2010.

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